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Novartis CEO Says Acquisitions Possible: Schweiz am Sonntag 2013-12-08 10:50:22.866 GMT
By Elena Logutenkova Dec. 8 (Bloomberg) -- Novartis can spend $4b-$6b each yr on dividends, acquisitions, CEO Joseph Jimenez says in interview with Schweiz am Sonntag. * Says co. can spend $2b-$4b per acquisition in pharmaceuticals, eye-care and generics * Acquisitions for smaller divisions would be smaller: Jimenez * NOTE: Novartis sets $5b buyback as it seeks faster growth * NOTE: Novartis willing to Sell Roche stake * NOTE: Novartis starts strategic review of units, would consider $10b deal, Chairman Joerg Reinhardt said in Aug.
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--Editors: Amy Teibel, John Viljoen
To contact the reporter on this story: Elena Logutenkova in Zurich at +41-44-224-4101 or elogutenkova@bloomberg.net
To contact the editor responsible for this story: Frank Connelly at +33-1-5365-5063 or fconnelly@bloomberg.net